Phelps Dodge

See also: Dodge (homonymy)

Phelps Dodge () is a mining Entreprise American E specialized in the extraction, the transformation and the distribution of the Cuivre. She is regarded as one of the world giants in the field of copper.

Description

In January 2006, it employs approximately 13  500 people all over the world.

History

June 26th, 2006, she proposes to amalgamate with Inco to buy Falconbridge within the framework of a transaction estimated at 40 billion USD. The entity thus created, named Phelps Dodge Inco , should be the most important world producer of Nickel and the second world producer of Cuivre. Its quoted value is estimated at 56 billion USD.

July 16th, 2006, to counter Xstrata, it improves its offer on Falconbridge.

External bond

  • Official site

Sources

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